What Would you do? Susan, a recent college graduate, opened a checking account with a local bank. She asked numerous questions before deciding on this bank, including inquiring about checking account fees and annual credit card fees. When Susan returned from her first vacation in the Bahamas, she was surprised to see numerous fees on her credit card statement and her bank statement. When she called the bank, they informed her that they recently added service charges on international transactions involving their checking and credit card accounts. Susan began to protest; the bank stated that her last bank statement included a flyer detailing these changes. In looking back, Susan realized that she had, in fact, received the information, but had ignored it because it was included with considerable advertising information about purchasing CDs. The lengthy document was written in such small print that she had not bothered to read it. a. What do you think of banks and other financial institutions’ efforts to notify their customers of fee changes? Should the bank have sent a letter to customers that specifically addressed the changes to international transactions? Do you think this would have ensured that their customers would read this information and feel informed about the changes?

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

What happens when a bank is required to hold more money in reserve?

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection